LOMBARD LEASE FINANCE LIMITED

1. LOMBARD LEASE FINANCE LIMITED 2017-01-24 → present
2. W. & G. LEASE FINANCE LIMITED 1985-01-10 → 2017-01-24
3. NEATHIRE LIMITED 1984-07-03 → 1985-01-10

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may, cast significant doubt on the company's ability to continue as a going concern for a period of twelve months from when the financial statements are authorised for issue.”

Significant events

• “A final dividend of £2,500k was paid on 31 December 2024 (A preference dividend of £225k was paid in 2023).”
• “In 2023 the Company has amended its articles of association by special resolution to remove the previous provision limiting the share capital the Company was authorised to issue. Company's shareholder approved the re-designation of the preference shares in issue to ordinary shares.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -24.1%

  £3,341,000 → £2,535,000

• Cash

  -98.3%

  £58,273,000 → £975,000

• Net assets

  -2.8%

  £18,475,000 → £17,959,000

• Employees

  —

  Not reported

• Operating profit

  -72.3%

  £8,859,000 → £2,457,000

• Profit before tax

  -12.6%

  £3,026,000 → £2,645,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers